Forward Air Bolsters Freight Demand Amid Capacity Crackdown

Forward Air bolsters freight demand amid capacity crackdown

Forward Air reported top-line growth for the third quarter Nov. 9 as freight demand bolstered ongoing capacity reductions.

Forward Air signals 15%-18% excess network capacity as it pauses intermodal sale process (NASDAQ:FWRD)

Forward Air posts Q3 operating revenue of $674 million and EBITDA of $101 million, up nearly 30%, and finalizes a two-year major-customer agreement.

Forward Air (NASDAQ:FWRD) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Forward Air (NASDAQ:FWRD – Get Free Report) announced its quarterly earnings results on Monday. The transportation company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.21, FiscalAI reports. The firm had revenue of $673.86 million for the quarter, compared to the consensus estimate of $673.40 million. Forward Air […]

Distressed Forward Air chugs along – just enough to breathe

There’s nothing wrong with a company being proud of a solid operational update after it had been saved by lenders who had to relax covenants ever since a transformational, leap-of-faith deal was announced over three years ago. Fine with that. Forward Air (FWRD) management highlighted some record figures in the third-quarter (Q3 26) update released after US trade yesterday (9 November), but with that came a financial picture that still points to …